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Fidelity-backed Crypto Security Startup Fireblocks Releases 'Secure Asset Transfer Network'

Roland James

Summary: Fireblocks, the Fidelity-backed cryptocurrency security firm, has released its Secure Asset Transfer Network, a directory that will allow customers can find each other to connect and send assets on-chain. This new Secure Asset Transfer Network is designed to eliminate the need for two counterparties using Fireblocks to manually add Fireblocks wallets. Users will now be ...

Fireblocks, the Fidelity-backed cryptocurrency security firm, has released its Secure Asset Transfer Network, a directory that will allow customers can find each other to connect and send assets on-chain.

This new Secure Asset Transfer Network is designed to eliminate the need for two counterparties using Fireblocks to manually add Fireblocks wallets. Users will now be able to search for a counterparty on the network and send a connection request. This approach will make settling with a counterparty more efficient and reduce manual processes from "hours or days" to "just a few seconds," the company argues.

By Roland James

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